World Bank-IMF Pushes “Carbon Pricing” Global Tax-&-Spend Scheme
Carbon budget. Carbon regime. Carbon pricing. Carbon trading. These are code words for the colossal UN grab for money and power at the upcoming global Climate Summit in December in Paris.
With the United Nations’ world summit on global warming now only weeks away, the propaganda war is ratcheting up — at a furious pace. One of the latest salvos aimed at convincing the peoples and national governments of the world to empower the UN with vast new tax and regulatory powers is an op-ed co-authored by World Bank President Jim Yong Kim and International Monetary Fund Managing Director Christine Lagarde for Project Syndicate (founded and funded by George Soros). Entitled “The Path to Carbon Pricing,” the op-ed is the latest rendition of the “carbon budget” scheme that the WB-IMF elites have been promoting for a number of years as a means to provide the UN and their Wall Street bankster allies with, literally, trillions of dollars in carbon taxes, carbon trading permits, and “green” investments.
”In just six weeks, world leaders will meet in Paris to negotiate a new global climate-change agreement,” Lagarde and Kim wrote. “To date, 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon-dioxide emissions that are now driving global warming.”
“The transition to a cleaner future will require both government action and the right incentives for the private sector,” say the WB-IMF duo. “At the center should be a strong public policy that puts a price on carbon pollution. Placing a higher price on carbon-based fuels, electricity, and industrial activities will create incentives for the use of cleaner fuels, save energy, and promote a shift to greener investments.” The means they advocate for accomplishing this are “measures such as carbon taxes and fees, emissions-trading programs and other pricing mechanisms.”
“Carbon taxes should be applied comprehensively to emissions from fossil fuels,” say Lagarde and Kim, adding, “The price must be high enough to achieve ambitious environmental goals.” Translation: We’ll fix carbon taxes high enough to make use of hydrocarbon fuels (oil, natural gas, coal) prohibitively expensive, while subsidizing the inefficient, non-viable, “clean” wind and solar industries.
“Administering carbon taxes is straightforward and can build on existing road fuel taxes, which are well established in most countries,” say the globalist duo. So, if their vision is enacted at the UN’s Paris confab, get set for skyrocketing fuel taxes.
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